Mergers & Acquisitions

Republic Airways extends time to close $145M Frontier sale

November 5, 2013
Associated Press
Buyer Indigo Partners says it first needs agreements with the union for Frontier flight attendants, and with credit card issuer Barclays.
More

Tech deal escalates battle of titans

October 26, 2013
Dan Human
The CEOs and of four cloud marketing companies--two national and two local--might make Indianapolis into a bridge between two feuding Silicon Valley giants. Or put the city in the middle of an aggressive arms race in one of the tech industry’s hottest markets—cloud marketing.
More

Republic Airways selling Frontier in $145M deal

October 1, 2013
Bloomberg News, Associated Press
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.
More

Republic Airways extends deadline for Frontier sale

September 17, 2013
Associated Press
The Indianapolis-based regional carrier plans to tie up negotiations with a prospective buyer, believed to be headed by former Spirit Airlines Inc. Chairman Bill Franke.
More

Local manufacturer to be acquired for $41 million

August 29, 2013
 IBJ Staff
United Kingdom-based Meggitt PLC plans to acquire Piezotech LLC, a manufacturer founded in Indianapolis in 1967, for $41.2 million, the companies announced Wednesday.
More

Youth agency finds shelter under Children's Bureau umbrella

August 23, 2013
Andrea Muirragui Davis
Children’s Bureau Inc. is taking over operations of a Noblesville not-for-profit in “fiscal distress” after the smaller agency lost a key federal grant.
More

Indiana Members adds small credit union to its fold

August 15, 2013
 IBJ Staff
Indiana Members, which has 24 branches and $1.3 billion in assets, will grow by one branch and $17 million in assets.
More

Angie's List acquires Denver firm for $2.7 million

August 5, 2013
BrightNest, founded in 2011, provides free online tips for home maintenance to about 100,000 users. The company’s eight employees will remain based in Denver.
More

Salesforce.com wraps up $2.5B acquisition of ExactTarget

July 12, 2013
 IBJ Staff
Cloud computing giant Salesforce.com paid $33.75 per share to acquire ExactTarget. The price was roughly 6.5 times ExactTarget's projected revenue for 2013, analysts said.
More

Tyco to buy Fishers-based technology firm for $150 million

June 19, 2013
 IBJ Staff and Associated Press
Tyco International Ltd. said Wednesday that it reached a deal to acquire Exacq Technologies Inc., which develops video management systems for security and surveillance uses.
More

ProLiance Energy sold to Dallas company

June 19, 2013
Chris O'Malley
Indianapolis-based ProLiance Energy, which has lost tens of millions of dollars in recent years amid falling natural gas prices, is being sold to Dallas-based Energy Transfer Partners.
More

Salesforce slow to excite investors after $2.5B buyout of ExactTarget

June 10, 2013
Dan Human
Shares of the California-based cloud computing giant continue to lag after last week's announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.
More

ExactTarget option gains approach $300MRestricted Content

June 8, 2013
Dan Human
xactTarget Inc.’s sale will swell the value of employee stock options to nearly $300 million—a windfall local tech experts expect will launch a wave of entrepreneurship over the next several years.
More

Salesforce to keep ExactTarget independent, 'invest' in it

June 5, 2013
J.K. Wall
In a company memo, ExactTarget CEO Scott Dorsey assures employees of their importance after announcing deal to sell the company for $2.5 billion.
More

ExactTarget sale caps success story; CEO mum on Indy work force

June 4, 2013
Greg Andrews, Dan Human, Bloomberg News
ExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000 employees.
More

Celadon acquires Canadian trucking company

May 23, 2013
 IBJ Staff
Hyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue in 2012.
More

Lids acquiring Kentucky sporting goods chain

May 20, 2013
Associated Press
The CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by the Affordable Care Act prompted the group to look at the offer from Lids.
More

Spate of banking mergers may be just the beginningRestricted Content

May 18, 2013
Greg Andrews
First Merchants Corp. CEO Michael Rechin thinks a wave of bank mergers is coming—driven by financial institutions’ quest to increase profits in an environment where super-low interest rates continue to squeeze margins.
More

Sherry Labs snapped up by Netherlands corporation

April 1, 2013
Jeff Newman
The materials-testing business with nearly 300 employees has been acquired by Element Materials Technology. Sherry had been owned by a group of well-connected central Indiana businessmen.
More

ExactTarget lands on tech shopping list for buyout

March 30, 2013
Dan Human
ExactTarget Inc.’s strong position in digital marketing has made the Indianapolis company a tempting acquisition target for Salesforce.com and other tech-industry suitors, Wall Street analysts believe.
More

Two of city's largest credit unions set to merge

March 22, 2013
Chris O'Malley
Horizon One Federal Credit Union, founded in 1949 to serve General Motors metal-stamping plant employees in Indianapolis, is merging with Financial Center Credit Union.
More

Fortune Industries set to accept $13.3M buyout offer

February 21, 2013
Scott Olson
The proposed buyer is CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer Randy Butler, who first bid for the company last March.
More

Office Depot agrees to buy OfficeMax for about $1.2B

February 20, 2013
Associated Press
The move would combine the No. 2 and No. 3 office supply retailers and lead to consolidation in an industry that analysts say is over-stored. Office Depot has eight stores in the Indianapolis area and OfficeMax has five.
More

Two neighboring utilities united by fiber in Hancock CountyRestricted Content

February 16, 2013
Chris O'Malley
Unusual merger of Hancock Telecom and Central Indiana Power is paving the way for network deployment in rural areas.
More

American, US Airways to merge, create world's biggest carrier

February 14, 2013
Associated Press
The $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT